MJBizDaily · Page 350

High Times’ cannabis retail bid complicated by web of owners, social equity partners
Jun 22, 2020, 6:30 am By Jeff Smith
The owner of pioneering High Times magazine is scrambling to close a marijuana retail acquisition in…

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The importance of culture, communication and flexibility when navigating challenging times in cannabis space
Jun 21, 2020, 11:00 am By Roger Fillion
A blueprint for company success revolves around strong company culture, open communication with…

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Week in Review: Acreage cannabis loan’s steep interest rate, Big Tobacco-MJ bankruptcy, Missouri starts cultivation & more
Jun 20, 2020, 10:00 am By Bart Schaneman
Cannabis multistate operator Acreage Holdings obtained a $15 million short-term loan with an…

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MedMen loses Virginia medical cannabis dispensary license
Jun 19, 2020, 6:00 pm By Bart Schaneman
Virginia regulators voted to rescind the medical marijuana dispensary license held by embattled…

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A day too late: US appellate court tosses cannabis tax bill challenge
Jun 19, 2020, 4:54 pm By Jeff Smith
One day is critical when it comes to filing court appeals, especially if you don’t use an approved…

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Canadian cannabis sales remain strong in April despite COVID-19 pandemic
Jun 19, 2020, 1:25 pm By Solomon Israel
Retail cannabis sales in Canada declined only slightly despite the COVID-19 pandemic, falling 0.6%…

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Montana group submits signatures for adult-use cannabis initiative
Jun 19, 2020, 12:56 pm By Jeff Smith
A group behind legalizing recreational marijuana in Montana said it is submitting for verification…

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Insurance-covered reimbursements for medical cannabis sets record in Germany
Jun 19, 2020, 11:47 am By Alfredo Pascual
Insurance reimbursements for medical cannabis in Germany continue to reach fresh quarterly records,…

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More states permit marijuana retailers to sell hemp-derived CBD, creating added competition for MJ producers
Jun 19, 2020, 6:30 am By ivanm
(A version of this story first appeared on Hemp Industry Daily.) More states are allowing the sale…

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Denver awards first license for medical marijuana R&D
Jun 18, 2020, 6:18 pm By Bart Schaneman
The city of Denver issued its first medical marijuana research and development license to study…

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Bierman and Modlin leave board of cannabis firm MedMen
Jun 18, 2020, 5:31 pm By John Schroyer
The co-founders of California-based multistate marijuana operator MedMen are completely out of the…

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New Australian law looks to boost cannabis exports after COVID-19 threat passes
Jun 18, 2020, 2:36 pm By Matt Lamers
Australia has amended pertinent laws in an effort to put its medical cannabis and hemp exporters in…

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Acreage subsidiary challenges Maine city’s marijuana residency rule
Jun 18, 2020, 1:18 pm By Jeff Smith
Maine’s largest medical marijuana company is suing the city of Portland in federal court, claiming…

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Hexo completes sale of cannabis greenhouse acquired from Newstrike
Jun 18, 2020, 12:42 pm By Solomon Israel
Hexo Corp. has completed the sale of the Niagara, Ontario cultivation facility it acquired as part…

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Delta 9, Manitoba Hotel Association partner up with eye on hotel distribution
Jun 18, 2020, 9:38 am By Solomon Israel
Manitoba cannabis producer and retailer Delta 9 Cannabis Inc. has inked a deal to be the…

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Recent looting targeting marijuana shops disrupts supply chain, producing fallout in some wholesale markets
Jun 18, 2020, 6:30 am By Bart Schaneman
Robberies and looting that targeted cannabis retailers during the recent nationwide protests over…

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Cannabis firm Acreage gets $15M loan at 60% interest rate
Jun 17, 2020, 3:19 pm By John Schroyer
Marijuana multistate operator Acreage Holdings has secured a $15 million short-term loan with a…

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Arkansas awards sixth medical marijuana grow permit as sales rise
Jun 17, 2020, 1:57 pm By Jeff Smith
Arkansas regulators approved a sixth cultivation license to support a rapidly growing medical…

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Michigan recreational cannabis sales top medical for first time
Jun 17, 2020, 1:15 pm By Bart Schaneman
Adult-use marijuana sales in Michigan surpassed medical cannabis sales on a weekly basis for the…

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Pyxus, first Big Tobacco firm to enter marijuana, seeks bankruptcy protection
Jun 17, 2020, 12:25 pm By Kristen Nichols
(A version of this story first appeared on Hemp Industry Daily.) Pyxus International, the first Big…

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